JPY
AUD, EUR, GBP, JPY, Market Analysis, NZD, Technical Analysis, USD
South Korean Won Leads Currency Gains as Dollar Index Retreats – Global FX Market Update
Global currency markets are showing broad-based gains across several major currencies, with the South Korean won leading the advance after strengthening by 0.82%. The New Zealand dollar followed with a 0.79% increase, while the Australian dollar gained 0.34%. The British pound and Japanese yen both advanced by 0.17%, while the euro recorded a smaller gain […]
by Currency Hedger
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- 3 hours ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Holds gains above 176.50, but downside bias prevails below 100-day SMA
The EUR/JPY cross trades in positive territory around 176.65 during the early European trading hours on Monday. However, the potential upside for the cross might be limited amid hawkish signals from the Bank of Japan (BoJ). The BoJ left rates unchanged last month but emphasized its resolve to combat inflationary risk, reinforcing market expectations of […]
by Currency Hedger
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- 3 hours ago
JPY, Market Analysis, Technical Analysis, USD
Japanese Yen Strengthens Towards 158 per Dollar as Hawkish BOJ Signals Raise December Rate Hike Expectations – Monday Market Outlook
The Japanese yen strengthens towards 158 per US dollar on Monday, recovering part of last week’s losses as increasingly hawkish comments from Bank of Japan officials reinforce expectations of further monetary tightening. BOJ Chief Economist Seisaku Kameda indicates that the central bank is likely to raise interest rates in December and continue tightening monetary policy […]
by Currency Hedger
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- 5 hours ago
AUD, JPY, Market Analysis, Technical Analysis
AUD/JPY Price Forecast: Extends decline below 109.00, bearish bias remains intact under 100-day SMA
The AUD/JPY cross trades in negative territory around 108.90 during the early European trading hours on Friday. The Japanese Yen (JPY) strengthens against the Australian Dollar (AUD) on safe-haven flows and Bank of Japan (BoJ) rate hike signals. Fears of tighter scrutiny of the Artificial Intelligence (AI) industry, particularly around data center construction, have unsettled […]
by Currency Hedger
- 0 Comments
- 3 days ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Trades near 176.50 after slipping below nine-day EMA
EUR/JPY loses ground for the second consecutive day, trading around 176.80 during Asian hours on Friday. The technical analysis of the daily chart suggests that the currency cross is remaining within a descending channel pattern, indicating a prevailing bearish bias. The EUR/JPY cross is keeping a bearish near-term tone as it holds below both the […]
by Currency Hedger
- 0 Comments
- 3 days ago
AUD, GBP, JPY, NZD
New Zealand Dollar Leads Currency Declines as US Dollar Strengthens Across Global FX Markets
The New Zealand dollar is leading losses across major currencies, declining by 0.61% as the US dollar strengthens against a broad group of international peers. The Australian dollar is also under pressure, falling 0.53%, while the Polish zloty, euro, British pound and Japanese yen are recording smaller declines. The latest currency movements indicate a broad-based […]
by Currency Hedger
- 0 Comments
- 3 days ago
JPY, Market Analysis, Technical Analysis, USD
Japanese Yen retreats from weekly high as USD steadies ahead of US NFP report
The USD/JPY pair stages a modest recovery from the 157.25 area, or fresh weekly touched during the Asian session on Friday, and climbs to the 158.00 neighborhood in the last hour. Spot prices now seem to have snapped a two-day losing streak, though the upside seems capped as traders might opt to wait for the […]
by Currency Hedger
- 0 Comments
- 3 days ago
CNH, CNY, IDR, INR, JPY, KRW, Market Analysis, Technical Analysis
Indian Rupee Leads Asian Currency Losses as Yen and New Zealand Dollar Strengthen
Asian currency markets are showing mixed performance, with the Indian rupee falling 0.33% to become the weakest performer in the latest foreign-exchange update. The Japanese yen and New Zealand dollar lead gains, appreciating by 0.31% and 0.30%, respectively, while the Chinese yuan records a smaller increase of 0.07%. The South Korean won remains little changed, […]
by Currency Hedger
- 0 Comments
- 4 days ago
EUR, GBP, JPY, Market Analysis, MXN, Technical Analysis, USD
Mexican Peso Leads Global Currency Gains as Dollar Index Falls 0.47%
Global currency markets are seeing broad strength across several major currencies, with the Mexican peso leading the latest gains after appreciating 1.17%. The New Zealand dollar and Norwegian krone also record notable advances, while sterling and the euro strengthen against the US dollar. The Japanese yen posts a smaller gain, adding to the positive performance […]
by Currency Hedger
- 0 Comments
- 5 days ago
JPY, Market Analysis, Technical Analysis
Japanese Yen Strengthens Towards 157.5 as US Dollar Weakens on Political Uncertainty and Safe-Haven Demand
The Japanese yen has strengthened towards 157.5 per US dollar, reversing a two-day decline as renewed pressure on the US dollar and increased demand for safe-haven assets support the Japanese currency. The latest movement follows early US election polling suggesting the possibility of a Democratic takeover of both chambers of Congress. The prospect has increased […]
by Currency Hedger
- 0 Comments
- 5 days ago